Insight and inspiration in turbulent times.
On this episode, petroleum geologist Arthur Berman returns to discuss recent diesel shortages and go into depth on the importance of diesel and the complexity of getting it and other products from a barrel of crude oil.
Turiel’s proposal has raised a considerable debate among the experts, with several of them challenging Turiel’s interpretation. Turiel himself and Gail Tverberg (of the “our finite world” blog) discussed the validity of the data and their meaning. Below, I reproduce the exchange with their kind permission.
Six years ago we commented on this same blog that, of all the fuels derived from oil, diesel was the one that would probably see its production decline first.
Haven’t we been hearing from the oil industry and from government and international agencies that worldwide oil production has been increasing in the last several years? The answer, of course, is yes. But, the deeper question is whether this assertion is actually correct.
